Court of Appeals Finds SEC’s Analysis “was not just superficial, it was nonexistent.”
Yesterday, I wrote about a strategy of not showing up to prevent a quorum from being established at an annual meeting of stockholders. What happens when the Securities and Exchange Commission initiates administrative proceedings against you and you don’t respond? The likely result is the SEC will take your default. That is indeed what happened in Rapoport v. Securities and Exchange Read more...
